Benzinga's Top Downgrades
Wells Fargo downgraded Caterpillar (NYSE: CAT) from “outperform” to “market perform.” Caterpillar's shares closed at $82.60 yesterday. Caterpillar's trailing-twelve-month ROA is 6.37%.
Analysts at ING Group downgraded ArcelorMittal (NYSE: MT) from “buy” to “hold.” ArcelorMittal's shares closed at $14.29 yesterday. ArcelorMittal's trailing-twelve-month operating margin is 5.96%.
Goldman Sachs downgraded Noble (NYSE: NE) from “buy” to “neutral.” Noble's shares closed at $35.27 yesterday. Noble's trailing-twelve-month ROE is 6.81%.
Citigroup downgraded Zynga (NASDAQ: ZNGA) from “buy” to “neutral.” Zynga's shares closed at $5.08 yesterday. Zynga's trailing-twelve-month profit margin is -41.57%.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.